Initial Class A Note Balance means the sum of the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance and the Initial Class A-4 Note Balance.
Initial Class A Note Balance means $_______________.
Initial Class A Note Balance. As the context may require, (i) with respect to all of the Class A Notes, $175,493,000.00, or (ii) with respect to any Class A Note, an amount equal to the initial denomination of such Class A Note.
Examples of Initial Class A Note Balance in a sentence
The Servicer shall have the option to redeem all of the Outstanding Notes of any Class at any time the Outstanding Class A Note Balance or Outstanding Class B Note Balance of the Notes of such Class is less than 10% of the Initial Class A Note Balance or Initial Class B Note Balance, in each case at the applicable Redemption Price plus any fees due hereunder and all amounts due to MBIA under the Insurance Agreement; provided, however, that the Class B Notes may not be redeemed before the Class A Notes.
More Definitions of Initial Class A Note Balance
Initial Class A Note Balance means $183,190,000. “ Initial Class B Note Balance ” means $66,810,000. “ Initial Purchasers ” means BMO Capital Markets Corp., MUFG Securities Americas Inc. and SMBC Nikko Securities America, Inc. “ Initial Reserve Account Deposit Amount ” means an amount equal to $10,245,902.28.
Initial Class A Note Balance means $228,230,000.
Initial Class A Note Balance means $230,390,000. “ Initial Class B Note Balance ” means $46,800,000. “ Initial Class C Note Balance ” means $74,100,000. “ Initial Class D Note Balance ” means $48,900,000. “ Initial Purchasers ” means Credit Suisse Securities (USA) LLC and BMO Capital Markets Corp. “ Initial Reserve Account Deposit Amount ” means an amount equal to $11,999,990.32. “ Initial Servicer ” means America’s Car Mart, Inc., an Arkansas corporation, the initial servicer under the Sale and Servicing Agreement. “ Insurance Policy ” means (i) any theft and physical damage insurance policy maintained by or on behalf of the Obligor under a Receivable providing coverage against loss or damage to or theft of the related Financed Vehicle and (ii) any credit life or credit disability insurance maintained by an Obligor in connection with any Receivable. “ Interest Period ” means, with respect to any Payment Date, from and including the 20 th day of the calendar month preceding such Payment Date (or from and including the Closing Date in the case of the first Payment Date) to but excluding the 20 th day of the month in which such Payment Date occurs. “ Interest Rate ” means, (a) with respect to the Class A Notes, the Class A Interest Rate, (b) with respect to the Class B Notes, the Class B Interest Rate, (c) with respect to the Class C Notes, the Class C Interest Rate or (d) with respect to the Class D Notes, the Class D Interest Rate.
Initial Class A Note Balance. $34,281,119.44.
Initial Class A Note Balance. As the context may require, (i) with respect to all of the Notes, $159,036,000, or (ii) with respect to any Class A Note, an amount equal to the initial denomination of such Class A Note.
Initial Class A Note Balance means the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance and the Initial Class A-3 Note Balance as of the Closing Date, which balance shall be $49,000,000.
Initial Class A Note Balance. Distribution Date", "Class A Note" and "Class A-4 Stated Maturity Date") have the meanings ascribed to such terms in the Securitization Trust Agreement or, if not defined therein, in that certain Indenture dated as of [___________ __,] 1998, between the World Omni 1998-A Automobile Lease Securitization Trust and The Bank of New York, as Indenture Trustee.